About Richfield Oil & Gas Company
Richfield Oil & Gas Company (OTCQX:ROIL) is a Salt Lake City, Utah based exploration and production company with all operations in the U.S.A.
U.S.A. oil production had fallen by 2005 to less than half of its 1970 peak. Then something remarkable happened. Thanks to new exploration and production technologies pioneered by innovative independents, today America is on track to surpass Saudi Arabia as the world’s largest energy producer.
Richfield has assembled a first rate technical team to develop a balanced portfolio of U.S.A. assets, redevelopment projects in the mature fields of the Mid-Continent to participation in oil-rich shale and billion-barrel potential overthrust prospects in Utah and Wyoming.
Summary of Operations
Richfield’s portfolio of oil and gas properties in Utah, Wyoming, Kansas and Oklahoma provide a platform for stable revenue growth and stunning upside potential. Our properties cover three major geographic areas of operation, including the Mid-Continent, the Utah-Wyoming Overthrust, and the Central Utah Overthrust. These projects are made of a mix of low risk development, and stable production in Kansas and Wyoming, along with the high-risk, large upside potential in The Rocky Mountain States.